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Tightening to loosen before Rate Cut ?
In the past couple of weeks, the FOMC members have been talking about the speed of balance sheet reduction. They have also tried to...
Sameer Kalra
Mar 5, 2024


Rude Drivers of Crude Oil Price
It has been almost five months that Crude oil prices have been in a price band of $76-82/bbl. During this time there have been some...
Sameer Kalra
Mar 4, 2024


Volatility Behaviour to be Volatile ?
By a rule, any index volatility is indirectly related to its main index. This means if the index rises then the volatility index falls...
Sameer Kalra
Feb 13, 2024


ME Conflict resulting Global Inflation ?
Even after two years, Europe continues to suffer from the consequences of the conflict in the region. The Middle East is becoming the...
Sameer Kalra
Feb 12, 2024


Fed Says - Ready, Steady But Wait
Last week inflows in money market funds pushed the total AUM above $ 6 trillion for the first time. All this money is continuously...
Sameer Kalra
Feb 5, 2024


2024 - Year of Liquidity Droughts
If 2021 was a year of liquidity floods then 2024 has already started as a year of liquidity droughts. The biggest indicator of this would...
Sameer Kalra
Jan 23, 2024


Crypto gets Institutionalised
Last week the $8.1 Trillion ETF market in the USA got a new asset class to sell and this might have been one of the most anticipated ones...
Sameer Kalra
Jan 16, 2024


The US Financial System at Risk
Last week's CPI release showed some level of pause or even a slight reversal from the falling trend. During the same week, Federal...
Sameer Kalra
Jan 15, 2024


The Year of Global Election
If 2023 was the year of Global Volatility then 2024 can be tagged as the year of Global Election. According to a report, 40 countries...
Sameer Kalra
Jan 9, 2024


Trillions of Inflows and Counting ?
During the last 12 months, financial markets have seen volatility in various periods yet the VIX index is at the lowest. The year’s first...
Sameer Kalra
Jan 1, 2024


The US Banking Continues to be Fragile
During October 2023, USA's total debt increased by over $500 Bn compared to the previous month with the interest rate crossing above 3%....
Sameer Kalra
Dec 5, 2023


Fiscal vs Monetary Policy : Battle of 2024
As majority of central banks are on a pause and inflation throughout the world has eased since last year. The start of next year would be...
Sameer Kalra
Dec 4, 2023


Lower Lows of Volatility
Since the start of November, the US stock market volatility index ( VIX ) has fallen by 30%, which might be the second biggest fall in...
Sameer Kalra
Nov 28, 2023


Year-end Rally - Arrived Early
After three months of negative global markets along with the negative sentiment. This month's reversal has been a surprise for many....
Sameer Kalra
Nov 21, 2023


Inflation Relief Continues
Last week USA inflation-related data releases provided another round of relief as actual data was lower than estimates. In the last year,...
Sameer Kalra
Nov 20, 2023


Where is the US Banks Cash Going ?
In the last four months, the US banking system liquidity’s one measure which is the reverse repo has reduced from $2 trillion to $ 1.1...
Sameer Kalra
Oct 30, 2023


The Rise of Volatility - Phase I
In the past two weeks, a unique pattern y has emerged throughout the financial markets and across asset classes. This pattern is of the...
Sameer Kalra
Oct 17, 2023


Markets in a Summer Meltdown ?
In the first three weeks of August global equities have fallen by 5% and bond yields have gained by 5-8%. This is a reversal of the...
Sameer Kalra
Aug 21, 2023


US Debt & Its Downgrade Problem
Last week Fitch rating agency downgraded the USA rating by one measure. The main reason cited for this was a regular disagreement on debt...
Sameer Kalra
Aug 7, 2023


Climate Volatility & Financial Losses
In the financial world, the biggest indicator of future risk is the volatility index, whether it is equities or bonds most investors look...
Sameer Kalra
Jul 18, 2023
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